71 percent of UK moms are buying less fruits and vegetables because of budgetary pressure
A research study from the charity Vitamin Angels UK of 2,000 parents found that mothers have been making fewer healthy decisions for their children due to the financial strain of higher interest rates as well as higher food costs. From the 1,424 UK mothers surveyed, 71 per cent admitted that they’re spending less on fruits and vegetables because of the rising cost of food, which suggests the financial burden as a major restriction to obtaining healthy food.
Source: yourcoffeebreak.co.uk
Getir to quit France as well as Spain
Is the time for flash delivery businesses really past? Turkish Getir was one of the companies that gained attention after it acquired Gorillas in December of last year, has announced that it will be moving out of Spain as well as France due to the regulations as well as a shortage of funds available.
Source: retaildetail.eu
Italy: Gruppo VeGe anticipates a 7% increase in sales during FY 2022.
Retail cooperative Gruppo VeGe saw 6.7% increase in sales to consumers up to EUR12.7bln by 2022. This is up down from EUR11.95bln by 2021. It is the 9th consecutive year of increased turnover for the group and it finished the year with a 7.9 percentage market share. Gruppo VeGe operates 103 hypermarkets with more than 1,020 supermarkets, 1,345 superettes 237 discount stores, specialty outlets along with 110 cash and carry locations.
Source: esmmagazine.com
Austria: SPAR extended central warehouse is an iconic hub
SPAR Central warehouse of Austria located in Wels is an extremely efficient and sophisticated logistics center. It is considered to be to be a top project both within Austria and around the world. SPAR Austria’s network of logistics consists of eight huge warehouses as well as logistical centers spread across different regions. This vast network guarantees that the freshest food available from each particular region only has a brief distance to travel. This reduces the time it takes to transport food from farms to the warehouse before eventually getting towards the retail store.
Source: spar-international.com
Ireland: ALDI Kanturk store opens, which will result in thirty local job
ALDI’s national expansion continues to grow with the launch of its brand new location at Kanturk, Co Cork, which will create 30 new permanent jobs as well as a capital investment of more than EUR9mln within the region. Aurelija Barbsiene, ALDI Kanturk Store Manager, stated: “Households and families in Kanturk as well as the areas around will now be able to shop in ALDI in their neighborhood. ALDI and take advantage of our wide selection of high-quality fresh products, Irish ingredients, and household items, all for low cost.”
Source: aldipresscentre.ie
Albert Heijn’s remarkable branding value has surpassed the challenges in the top tier of Dutch companies
Shell is the highest valued Dutch brand with a value of EUR46.5 billion. Albert Heijn becomes the Netherlands most popular and fastest growing brand. Just Eat Takeaway.com has the biggest drop in value of the brand dropping 47 percent. Campina is the brand with the best Sustainability Perceptions Score. It is rated 5.55 out of 10. Check out the complete Brand Finance Netherlands 50 2023 report here.
Source: webwire.com
Coles comes into Malaysia via Jaya Grocer
Coles Supermarkets has entered the Malaysian market, offering 200 items in a unique partnership with Malaysian retailer Jaya Grocer. The deal will allow Jaya Grocer to expand their Australian range of products, which includes more than 1000 products made by Australian brands such as Coles that are sold at every store and with GrabMart delivery across the nation. The popular homegrown chain of supermarkets is known for its wide assortment of fresh, high-quality items and ingredients imported from overseas.
Source: businesstoday.com.my
Pukpip Adds White Chocolate and singles to frozen bananas
Frozen the banana company Pukpip continues to grow its product line with the introduction of an White Chocolate assortment as well as a range of singles. Pukpip makes use of wacky bananas, which otherwise would end up in the trash and reuses peels of bananas.
Source: betterretailing.com
Food environment influences consumers toward unhealthy foods
A new report from BEUC with the title “The perception of selection How someone has already made a decision about what food items you’ll be eating for lunch” has revealed that buying food, cooking and eating foods are mostly the outcome of decisions made by the food industry and not consumer decisions. It is a report encourages policymakers to ensure that healthy, vegan eating habits that use fewer and higher quality animals more accessible to European customers.
Source: esmmagazine.com
The prices are still excessive, the the former Walmart CEO says Target will have a tough time
Former Walmart CFO Bill Simon says that, even though inflation is starting to ease, he doesn’t think prices will fall any time in the near future. Simon appeared present on the CNBC show “Squawk in the Street” and added that customers “are likely to need to adjust to” the increased prices.
Source: supermarketnews.com
US: Lidl plans to construct a store within Yonkers, New York
Lidl intends to construct the new grocery store within Yonkers, New York, according to reports by an New York news outlet, The Yonkers Ledger. Although the company’s US operation is headquartered within Arlington, Virginia, the German-based supermarket operates throughout 32 countries and employs over 341,000 workers. The opening of this store is part the company’s strategy of expanding within the US.
Source: supermarketnews.com
US: Festival Foods, Upshop aim to optimize the freshness of operations
Festival Foods has entered into an alliance in partnership with Upshop which is a supplier of AI-driven applications for store operations, with the intention of making Festival’s innovative operation’s perimeter more efficient.
Source: progressivegrocer.com
Canada: Ideal Food Service Corp. extends its range of products by acquiring Prime MTL Distribution
Ideal Food Service Corporation., “Ideal,” is thrilled to announce that it has completed the acquisition of Prime MTL Distribution, a well-known supplier of fresh fruits and vegetables that includes fruits and veggies. The strategic acquisition is the ultimate step in the progress towards becoming a wide-line distributor that can offer an extensive range of goods for its loyal customers throughout Quebec.
Source: newswire.ca
US: Albertsons Companies”O Organics(r) announces the “Fight Hunger Serve Hope” cause initiative to combat the issue of food insecurity during summer.
Albertsons Companies, Inc. launched their O Organics “Fight Hunger, Serve Hope” initiative, which aims to tackle food insecurity during summer, where families with children in school are more likely to be affected by hunger. Christy Duncan Anderson, President and Executive Director of the Albertsons Companies Foundation: “Hunger is a lifelong issue for children and make their lives more challenging to play, learn and bond with other children of the same years older. Through this program, consumers who purchase O Organics’s most essential items, like fresh fruit, milk protein, snacks, and proteins will enable the distribution of healthy meals worth 28mln to kids that are struggling this summer”.
Source: businesswire.com